Voxtur Announces Financial Results for Q2 Ended June 30, 2024
Voxtur Announces Financial Results for Q2 Ended June 30, 2024
TORONTO and TAMPA, Fla., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) ("Voxtur" or the "Company"), a North American technology company creating a more transparent and accessible real estate lending ecosystem, today announced its financial results for the three and six months ended June 30, 2024. The Unaudited Condensed Interim Consolidated Financial Statements and the related Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2024, are available at and at .
Voxtur Analytics Corp.(tsxv:vxtr;otcqb:vxtrf)("Voxtur"或"公司")是一家北美科技公司,旨在创建更透明和可访问的房地产贷款生态系统。今天,它宣布了截至2024年6月30日的三个月和六个月的财务结果。相关的未审计的简明中期合并财务报表和管理层讨论和分析("MD&A")可以在 和 . 网站上获取.
"Despite facing challenges in Q2, we remain committed to our long-term innovation strategy, operational improvement, and exploring strategic distribution points," said Ryan Marshall, Voxtur CEO. "Last quarter's results highlight areas where we are intensifying our focus on efficiency and cost management. We are actively implementing measures to enhance profitability and align our operations more closely with market demands. Our investment in technology and customer experience remains a priority as we lay the groundwork for future growth and shareholder value. While Q2 has been challenging, we are confident in our strategic direction and ability to navigate the current environment successfully."
Voxtur CEO Ryan Marshall称:“尽管面临第二季度的挑战,我们仍致力于长期的创新策略、运营改善和探索战略分销点。上个季度的结果突出了我们在效率和成本管理方面加大关注的领域。我们正在积极实施措施来增强盈利能力,并使我们的运营更加紧密地与市场需求保持一致。我们对技术和客户体验的投资仍然是我们未来增长和股东价值的重点。尽管第二季度充满挑战,但我们对我们的战略方向和成功应对当前环境的能力充满信心。
Financial Results:
财务业绩:
Continuing Operations | Unaudited | Unaudited | ||||||||||||||
Three months ended June 30 | Six months ended June 30 | |||||||||||||||
(In thousands of Canadian dollars) | 2024 | 2023 | 2024 | 2023 | ||||||||||||
Revenue 1 | $ | 8,530 | $ | 9,644 | $ | 17,254 | $ | 20,570 | ||||||||
Gross profit 1 | 4,631 | 5,188 | 9,670 | 11,531 | ||||||||||||
Gross profit as a % of Revenue 1 | 54% | 54% | 56% | 56% |
持续经营业务 | 未经审计 | 未经审计 | ||||||||||||||
截至6月30日为止的三个月 | 截至6月30日的六个月 | |||||||||||||||
(以千加元计) | 2024 | 2023 | 2024 | 2023 | ||||||||||||
可以通过拨打+1(800)-717-1738、+1(646)-307-1865或+1(289)-514-5100来实时访问电话会议。请在计划开始时间前十分钟拨打。电话会议的数字记录将在Voxtur的网站上提供回放。 | $ | 8,530 | $ | 9,644 | $ | 17,254 | $ | 20,570 | ||||||||
毛利润 1 | 4,631 | 5,188 | 9,670 | 11,531 | ||||||||||||
54% | 54% | 56% | 56% |
Discussion with respect to the above-noted results can be found in the Company's MD&A available at and at .
1 Calculations include only the results from continuing operations and do not include results of discontinued operations. On November 1, 2023, the Company finalized the sale of its wholly owned appraisal management company ("AMC") business for $35,135 ($25,324 USD). Results of the AMC business are classified as discontinued operations. As at June 30, 2024, management was committed to a plan to sell the controlling interest in the Company's indirectly owned Blue Water Financial Technologies Holding Unit ("Blue Water"). Accordingly, the Company has presented Blue Water as a disposal group held for sale ("Blue Water Disposal Group") and reported Blue Water's results as discontinued operations.
Earnings Call Details:
业绩会细节:
The Company will host a conference call on Friday, August 30th, 2024, at 9:00 a.m. Eastern Time, to discuss financial results and highlights for the three and six months ended June 30, 2024.
The conference call can be accessed live by dialing +1(800)-717-1738, +1(646)-307-1865 or +1(289)-514-5100. Please dial in ten minutes prior to the scheduled start time. A digital recording of the call will be available for replay on Voxtur's website.
About Voxtur
关于Voxtur Voxtur是一家革命性的房地产科技公司,在动态的借贷环境中重新定义行业标准。该公司提供定向数据分析,以简化对投资者,放贷人,政府机构和服务提供商的多方面的借贷生命周期,Voxtur的专有数据中心和工作流平台更准确地和更有效地评估资产,起草和服务贷款以及证券化组合。作为一家独立和透明的房贷技术供应商,该公司在美国和加拿大提供初次和二次市场解决方案。更多信息请访问。
Voxtur is a transformational proptech company that is redefining industry standards in a dynamic lending environment. The company offers targeted data analytics to simplify the multifaceted aspects of the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur's proprietary data hub and workflow platforms more accurately and efficiently value real estate assets, providing critical due diligence that enables market participants to effectively originate, trade, or service defaults on mortgage loans. As an independent and transparent mortgage technology provider, the company offers primary and secondary market solutions in the United States and Canada. For more information, visit .
Forward-Looking Information
前瞻性信息
This news release contains certain forward-looking statements and forward-looking information (collectively, "forward-looking information") which reflect the expectations of management regarding the Company's future growth, financial performance and objectives and the Company's strategic initiatives, plans, business prospects and opportunities. These forward-looking statements reflect management's current expectations regarding future events and the Company's financial and operating performance and speak only as of the date of this press release. By their very nature, forward-looking statements require management to make assumptions and involve significant risks and uncertainties, should not be read as guarantees of future events, performance or results, and give rise to the possibility that management's predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that the assumptions may not be correct and that the Company's future growth, financial performance and objectives and the Company's strategic initiatives, plans, business prospects and opportunities, including the duration, impact of and recovery from the COVID-19 pandemic, will not occur or be achieved. Any information contained herein that is not based on historical facts may be deemed to constitute forward-looking information within the meaning of Canadian and United States securities laws. Forward-looking information may be based on expectations, estimates and projections as at the date of this news release, and may be identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions. Forward-looking information may include but is not limited to the anticipated financial performance of the Company and other events or conditions that may occur in the future. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the information is provided. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance, or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information include but are not limited to: additional costs related to acquisitions, integration of acquired businesses, and implementation of new products; changing global financial conditions, especially in light of the COVID-19 global pandemic; reliance on specific key employees and customers to maintain business operations; competition within the Company's industry; a risk in technological failure, failure to implement technological upgrades, or failure to implement new technological products in accordance with expected timelines; changing market conditions related to defaulted mortgage loans, and the failure of clients to send foreclosure and bankruptcy referrals in volumes similar to those prior to the COVID-19 global pandemic; failure of governing agencies and regulatory bodies to approve the use of products and services developed by the Company; the Company's dependence on maintaining intellectual property and protecting newly developed intellectual property; operating losses and negative cash flows; and currency fluctuations. Accordingly, readers should not place undue reliance on forward-looking information contained herein. Factors relating to the Company's financial guidance and targets disclosed in this press release include, in addition to the factors set out above, the degree to which actual future events accord with, or vary from, the expectations of, and assumptions used by, Voxtur's management in preparing the financial guidance and targets.
This forward-looking information is provided as of the date of this news release and, accordingly, is subject to change after such date. The Company does not assume any obligation to update or revise this information to reflect new events or circumstances except as required in accordance with applicable laws.
本前瞻性信息是根据本新闻稿发布日提供的,并因此可能发生改变。除按适用法律规定执行外,本公司不承担任何更新或修订此信息以反映新事件或情况的义务。
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
TSXV及其监管服务提供商(如TSXV政策中所定义的那样)对本公告的充分性或准确性概不负责。
Voxtur's common shares are traded on the TSX Venture Exchange under the symbol VXTR and in the US on the OTCQB under the symbol VXTRF.
Contact:
Jordan Ross
Chief Operating Officer
Tel: (416) 708-9764
jordan@voxtur.com
Jordan Ross
首席投资官
电话:(416)708-9764
jordan@voxtur.com
For media inquiries:
Jacob Gaffney
Tel: (817)471-7627
jacob@gaffneyaustin.com
媒体查询:
Jacob Gaffney
Voxtur的普通股在多伦多证券交易所上交易,代码为VXTR,在美国的OTCQB上交易,代码为VXTRF。